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Crypto

Japan to enter bitcoin spot ETF era; $18.4 billion market seen by FY2028

Japan\'s bitcoin spot exchange-traded fund market could grow to about $18.4 billion by fiscal 2028, as retail investor access broadens, institutional money flows in and tax changes take hold, industry participants say. Digital asset manager XWIN said the forecast is based on realistic funding assumptions, with the target equalling 0.13 percent of Japanese household financial assets. It also pointed to retail channels, institutions and product supply from financial firms as key inflow routes.

Crypto

Rakuten Wallet unveils first physical Shiba Inu coin targeting 44 million-strong Rakuten retail ecosystem

Japan\'s Rakuten Wallet has produced what it called the industry\'s first physical Shiba Inu (SHIB) coin, the fifth release in its collectible Real Coin series. The company said the metal commemorative coin is not linked to a blockchain and is not a payment tool. Rakuten Wallet plans to use it for offline marketing and events targeting Rakuten\'s 44 million-strong retail ecosystem, alongside preparations for large-scale giveaway campaigns.

Crypto

Japan moves to allow spot crypto ETFs; could Shiba Inu benefit from regulatory easing?

As Japan moves to fold cryptocurrencies into its regulated financial products framework, Shiba Inu (SHIB) may benefit in the local market. The shift includes transferring oversight from the Payment Services Act to the Financial Instruments and Exchange Act and could ease tax burdens while strengthening investor protection and trading rules. Plans to create a legal basis for crypto exchange-traded funds are also advancing. Shiba Inu has already entered Japan’s regulated distribution channels and is traded on major platforms.